I want bonus amount to be posted into separate G/Ls,salary payable as well as bonus payable

Sep 06, 2017 at 09:57 AM|91 Views

I want bonus amount to be posted into separate G/Ls,salary payable as well as bonus payable during off cycle run.So that client can maintain separate G/Ls for the both. This is for internal reporting purpose.

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You are trying to say at the time of Off Cycle Payroll posting you want payable amount in salary payable G/L and Separate Payable G/Ls as well. If Yes then please discuss it with your FI team member your Liability (Payable) side in balance sheet will reflect amount twice.

Bonus payment would be included into Bank transferred /559 wage type and which is reported to Salary payable account and at the same time Bonus payment wage type has to be linked to with expense account that you can take as separate G/L account not clubbed with other expense account (like Basic, HRA etc) . Then user can get the correct G/L account reporting FI side.